Boeing and Airbus growth at risk as China and Asia slow, say analysts

China growth expectations are continuing to fall, hurting demand for new Airbus and Boeing aircraft, says Bloomberg analysts George Ferguson and Francois Duflot. Growth projections for China have been revised downward to 6.2% in 2019 and to sub-6% in 2020, with down-side risks rising as more US tariffs take effect. Slower growth has less impact near term as the Boeing Max grounding masks effects. Longer term, spare-parts demand could also be affected as air travel slows in China and the broader Asia Pacific on ripple effects. Engine and parts makers such as General Electric, United Technologies, Safran, MTU and Rolls-Royce